Colombia News

 

Noble Energy Drops Colombia Offshore Drilling Plan. Might Drill in 2021

Nov 20, 2020

Oil company Noble Energy, now owned by Chevron, has decided not to drill the previously planned offshore well in Colombia this year.The company had signed a drilling contract in January with the Danish offshore drilling company Maersk Drilling for the use of the Maersk Valiant drillship in Colombia.The $18.2 million, one-well contract was set to start in the third quarter of 2020, however, the drilling company said Friday that the drilling wouldn't happen in 2020…

Ecopetrol Hires Doris for Offshore Engineering Services

Jul 21, 2020

Colombia's state-run oil firm Ecopetrol has hired Doris Inc. for the provision of Consulting Engineering Services.The scope includes including studies, engineering, and support during the execution of offshore oil and gas developments.  The contract is for a five-year period…

Ecopetrol's 2020 Spending Scaled Down by $1.2B

Mar 17, 2020

Colombia's majority state-owned oil company Ecopetrol has cut its planned investment for 2020 by $1.2 billion amid the outbreak of the novel coronavirus and an increase in global crude supply, the company said Tuesday.The oil and gas company now sees its 2020 investment at between $3…

Colombia: Ecopetrol, Shell in Deepwater Team-Up

Feb 07, 2020

Colombia's Ecopetrol and Anglo-Dutch energy giant Royal Dutch Shell have teamed up to develop three blocks in the Caribbean, the state-owned oil company said on Friday. Under the deal, Shell will acquire a 50% operating-stake in the Fuerte Sur…

Colombia Oil Investment to Rise 23% in 2020

Jan 28, 2020

Investment in Colombia's oil industry is set to grow by 23% in 2020, the private oil producers association said on Monday, although production will be effectively flat, increasing just 0.5% compared with the previous year. Investment in the…

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